Panther Creek Country Club Inc
- Assets
- $7.1m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 161
- Location
- Springfield, IL
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 37-1317576
Organization Overview
Panther Creek Country Club Inc is located in Springfield, IL. The organization was established in 1995. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Panther Creek Country Club Inc employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panther Creek Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Panther Creek Country Club Inc generated $4.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.1m during the year ending 12/2022. While expenses have increased by 2.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A PRIVATE COUNTRY CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
PANTHER CREEK COUNTRY CLUB OPERATES AN 18-HOLE GOLF COURSE, AND DINING, TENNIS AND SWIMMING FACILITIES FOR THE BENEFIT OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Moore President | OfficerTrustee | 1 | $0 |
Robert Myers Vice President | OfficerTrustee | 1 | $0 |
Joshua Shugart Treasurer | OfficerTrustee | 1 | $0 |
David Schinneer Secretary | OfficerTrustee | 1 | $0 |
Jennifer Flack Director | Trustee | 1 | $0 |
Mark Townsend Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,400 |
| Total Program Service Revenue | $2,260,940 |
| Investment income | $1,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $118,548 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $3,135 |
| Net Income from Sales of Inventory | $982,304 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,121,175 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,511 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,825,964 |
| Pension plan accruals and contributions | $4,318 |
| Other employee benefits | $88,661 |
| Payroll taxes | $181,543 |
| Fees for services: Management | $11,308 |
| Fees for services: Legal | $708 |
| Fees for services: Accounting | $2,151 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,303 |
| Office expenses | $120,668 |
| Information technology | $44,924 |
| Royalties | $0 |
| Occupancy | $323,110 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,821 |
| Interest | $100,476 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $342,490 |
| Insurance | $63,547 |
| All other expenses | $227,729 |
| Total functional expenses | $4,101,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $619,303 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $369,346 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $167,482 |
| Prepaid expenses and deferred charges | $88,728 |
| Net Land, buildings, and equipment | $5,840,310 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,085,169 |
| Accounts payable and accrued expenses | $518,892 |
| Grants payable | $0 |
| Deferred revenue | $179,133 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,669,199 |
| Unsecured mortgages and notes payable | $500,000 |
| Other liabilities | $55,068 |
| Total liabilities | $3,922,292 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $3,210,808 |
| Retained earnings, endowment, accumulated income, or other funds | -$47,931 |
| Total liabilities and net assets/fund balances | $7,085,169 |